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using sandy, a lot of problems that were, you know, brought to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lot of issues that we might want to tackle before we talk about climate change related to sandy. neil: when you spend money to address a problem, you need money to address the problem. >> great poi. neil: i woer whether you believe climate change, warming, manmade or not, but they force the issue. i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a consequence of the election. all the other stuff is a leap. >> there's -- >> as far ashat you leverage off. >> winning by a couple points does not turn into a mandate that everybody's behavior in how they consume energy sign up f changing that, increased energy prices, veh
using sandy, a lot of problems that were, you know, brought to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lot of issues that we might want to tackle before we talk about climate change related to sandy. neil: when you spend money to address a problem, you need money to...
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Dec 5, 2012
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it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi >> interviewing secretary geithner later today. what's your first question going to be? >> i want to get his response -- we had the president respond to boehner's proposal but i want to get the secretary's response, too, the specific issue of, hey, the republicans looked like they made a step forward, actually got some accolades in some of the press for agreeing to new revenues. where's the administration's response on that side? are they willing to give? i think that's a key question right now in terms of what the news flow is right now but also there's c
it may have been reduced by 86,000 because of hurricane sandy. but there was a good number today which was the ism data when it comes to the services sector. you can see it was up. there's the adp data. but i want to talk about the services sector which was up a bit more than expected. then what you had, business activity was up, new orders were up, employment was the one thing that was down. i don't know if that's a sandy effect. that could be also, by the way, a fiscal cliff effect. zplint vi...
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are all the sandy charities getting all the money this year? >> unfortunately when disasters happen there is flood of money because of a good heart of americans and it is appropriate that way, but when it happens right have to make choices where your charitable dollars to go there is tension and some charities that lose out that really need help. of course it is no easy choice for a donor. we recommend if at all possible that you don't forget those charities that are there for you all year-round. gerri: up 7.5% for the big charities. that is an amazing number. ken, thanks for coming on. it is charitynavigate tore.org, correct? >> correct. gerri: great website. president obama and his family getting into the christmas spirit at the 90th tree-lighting ceremony at the whites house. it was transplanted to the white house days before the hurricane. look at that. it is cool. it made it through unharmed. obama was saying santa claus is coming to town. this is the tree outside. guess what? there are 54 more of them inside the house. than last year. the
are all the sandy charities getting all the money this year? >> unfortunately when disasters happen there is flood of money because of a good heart of americans and it is appropriate that way, but when it happens right have to make choices where your charitable dollars to go there is tension and some charities that lose out that really need help. of course it is no easy choice for a donor. we recommend if at all possible that you don't forget those charities that are there for you all...
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al gore using sandy to go to war over climate change. here's an inconvenient truth for the president. now, al gore is taking on him as well. >> this storm was related to global waing. we cannot have four more years of mentioning this occasionally, and saying it's too bad that the and saying it's too bad that the congress can't act. ins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i ed to rethink the core of my portfolio. at i really ne is eep. introducing the isharecore, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors oose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of incipal. i heard you guys can ship ground for less than the ups store. that's right. i've learned the ly way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get
al gore using sandy to go to war over climate change. here's an inconvenient truth for the president. now, al gore is taking on him as well. >> this storm was related to global waing. we cannot have four more years of mentioning this occasionally, and saying it's too bad that the and saying it's too bad that the congress can't act. ins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i ed to rethink the core of my portfolio. at i really ne is eep....
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figure out what affect sandy had on this thing. we're still looking at growth in the 150,000 jobs a month range. do you see something stronger coming or are we stuck in the slow and steady crawl for a while? >> i think it should get stronger at some point over the next couple of years. if it doesn't, we're just going to stay up at this rate forever unless people just drop out of the labor force, but as christine said, you kind of want to get up to 200,000, even 2 250,000, to dig your way out of this. so i do think it will gradually get better. it's still going to take several years to get back to normal, but barring shooting ourselves in the foot, barring something really bad happening out of europe, i think it will get better between now and sometime next year. >> can we talk about these people dropping out of the labor force? why? you said more than normal couldn't get to work. but why are wepeople dropping o? what are some of the factors causing them to drop out? >> well, we're seeing a couple of things happen. one is the natura
figure out what affect sandy had on this thing. we're still looking at growth in the 150,000 jobs a month range. do you see something stronger coming or are we stuck in the slow and steady crawl for a while? >> i think it should get stronger at some point over the next couple of years. if it doesn't, we're just going to stay up at this rate forever unless people just drop out of the labor force, but as christine said, you kind of want to get up to 200,000, even 2 250,000, to dig your way...
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Dec 4, 2012
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. >> i don't think all it have it will be explainable by superstorm sandy. i think a lot of it is pulling back. you've seen the capital investment. >> we have to move on but i have to push back on one thing. are we talking about two different things? when we got downgraded the market went down hard. more than a trillion in value. >> but the market price. the market came right back and actually went to new highs not that long after that. once the knee jerk reaction was done. the market is being sensitized to it right now. and that's a good thing. >>> two companies that issued special dividends ahead of the fiscal cliff and if you're keeping score at home that's 103 companies thus far this quarter valued at more than $22 billion. so we see this continued parade of companies just coming out and issuing special dividends whether it's by debt, with debt, or cash on the balance sheet. >> the big one there, scott, is costco. last week when costco made the announcement, it was up 5%, almost 7% on the news. oracle moves their dividends up and the stock is flat to dow
. >> i don't think all it have it will be explainable by superstorm sandy. i think a lot of it is pulling back. you've seen the capital investment. >> we have to move on but i have to push back on one thing. are we talking about two different things? when we got downgraded the market went down hard. more than a trillion in value. >> but the market price. the market came right back and actually went to new highs not that long after that. once the knee jerk reaction was done....
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david: sandy in for liz today, good to see you. san da: good to see you. david: jpmorgan whale trader, the senate's been investigating it. questioning as many as 80 people who may have been associated. we're expecting some breaking news any moment now about that investigation. l. >> and we'll have that for you as it comes in. david: let's go to lauren simonetti. she's at the new york stock exchange. lauren, let's start right off, what's happening? the market is down 56 points on the dow right now. dell, however, had a nice pop today based on what goldman sachs was saying about it. >> exactly. goldman upgrading the stock all the way to a buy from a sell. it was one of the best performers not only on the s&p 500, but also on the nasdaq 100. so dell certainly a winner today. >> and, lauren, we saw you wearing your uggs on the trading floor, deckers outdoor the maker of those boots, it's getting a nice pop. >> up more than 9%. the folks over at stern ag upping the stock to a buy but also saying the season of the ugg is going to be august of
david: sandy in for liz today, good to see you. san da: good to see you. david: jpmorgan whale trader, the senate's been investigating it. questioning as many as 80 people who may have been associated. we're expecting some breaking news any moment now about that investigation. l. >> and we'll have that for you as it comes in. david: let's go to lauren simonetti. she's at the new york stock exchange. lauren, let's start right off, what's happening? the market is down 56 points on the dow...
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Dec 6, 2012
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as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this number is going to tell us nothing tomorrow? > know there's going to be a lot of discussion about it. i'll stick to my guns, it's a 125 to 150 economy growth some of that could be sandy. i don't donknow if you want to k about that chart. this looks at the net effect acceptable. if 30% say it's acceptable and 20% say -- these are what we asked people. how many is that? that's five of eight different solutions. >> people say, yes, we're okay dealing with the fiscal cliff, if you raise taxes on those who make more than $250,000 and then you cap deductions, and virtually everything else is off the table. >>
as soon as you get done figuring out, how much is sandy, how much is not sandy, we have to start dealing with the fiscal cliff so there's a shock behind us and a shock in front of us. so we're in limbo right now. and we're expecting a big effect from sandy in the friday number, especially in maybe the household survey, they moved the survey week back a week. because of an early thanksgiving. they do that -- so instead of it being the week of the 12th, it's the week of the 5th. >> so this...
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Dec 8, 2012
12/12
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super storm sandy, a number of labor disputes and layoffs. the fiscal cliff. we were expecting the unemployment number to go up from 7.9 to 8%. it went down to 7.7. a number of economists thought we'd create 77,000. we created 146,000. before you opine on the report how reliable do you feel the report was? >> well, first of all i think it's important to know there were downward revisions to the previous two months which makes the trend not as good. anywhere 150,000 is not considered significant in the report. you are not capturing because it doesn't fall into the significant range. the survey was taken early in the month. a week earlier than the establishment survey. the household survey on november 5. it caused insult to injury and more people out of work cancelled flights. it wasn't captured in the unemployment survey. i think they say it didn't affect it but a number of people were affected by the storm conditions. 350,000 couldn't get to work because of weather conditions. >> assume we get over the issues, avoid the cliff. we're still looking at growth in
super storm sandy, a number of labor disputes and layoffs. the fiscal cliff. we were expecting the unemployment number to go up from 7.9 to 8%. it went down to 7.7. a number of economists thought we'd create 77,000. we created 146,000. before you opine on the report how reliable do you feel the report was? >> well, first of all i think it's important to know there were downward revisions to the previous two months which makes the trend not as good. anywhere 150,000 is not considered...
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Dec 8, 2012
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. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. we're at walmart talking about the low price guarantee with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh my goodness! that's the walmart low price guarantee. see for yourself. bring in your last receipt and see how much you can save. be ready. with the season's tastiest brands. like farm rich mozzarella bites. bite-sized and loaded with mozzarella cheese. walmart has everything you need to be ready for holiday hosting. with our low price guarantee backed by ad match. walmart. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fas
. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. we're at walmart talking about the low price guarantee with brandy who is stocking up for the holidays. look at that price. that's great! if you find a lower advertised price, walmart will match it at the register. really? yeah. there you have it. oh my goodness! that's the walmart low price guarantee. see for...
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blaming hurricane sandy saying it trimmed job growth by 86,000 workers, small business created the fewest jobs in nearly two years. factory orders edging higher in october rising 0.8% according to the commerce department. orders for capital goods posting their biggest increase in eight months jumping nearly 3%. liz: in the pits of the cme. telling us why we could see a 20% drop in the market next year. telling us the sector that will be the big bright spots next year even though he is cautious for 2013. both of these guys say we find ways to invest the matter what. let's start with joe. a great day for the dow and the s&p. the nasdaq sort of a head fake to the other side. tell me what really jumped out to you in the pits. >> when we were challenging earlier in the day and the volatility was falling. in other words it was negative. we see it fall off and it is down. down about 4%. we continuthe continued the chog noncommittal trade in the s&p. never telling us the fear that we would see an apple and we were sensing with all the headlines. liz: you look, the dow looks good, other big headwi
blaming hurricane sandy saying it trimmed job growth by 86,000 workers, small business created the fewest jobs in nearly two years. factory orders edging higher in october rising 0.8% according to the commerce department. orders for capital goods posting their biggest increase in eight months jumping nearly 3%. liz: in the pits of the cme. telling us why we could see a 20% drop in the market next year. telling us the sector that will be the big bright spots next year even though he is cautious...
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Dec 4, 2012
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of sandy jobless claims relative to katrina. if we don't have that chart -- there it is, great. it goes up and now we're in the down. it may pop back. but the trouble is that the big surge there is probably in the week of -- or is going to affect the week of the employment survey. >> the last week. >> and now, guys, if you have the next one back there, i don't know if you have it, you can see there what we show there is we're looking for only 80,000 jobs on friday. 95 in the private sector. that's a big jobs -- it might be hurricane related, but it could also be cliff related. there's these two things just backing up what joe said, folks, we've got enough to worry about without the stuff that we could probably fix and move on, there's enough going on. you can see that we're going to be substantially below the six-month average that we've been running there. and that shows that, you know, we were not robust to begin with, and this is why guys at the fed are concerned about things like this. if you're going 3% or 4% gdp, you have
of sandy jobless claims relative to katrina. if we don't have that chart -- there it is, great. it goes up and now we're in the down. it may pop back. but the trouble is that the big surge there is probably in the week of -- or is going to affect the week of the employment survey. >> the last week. >> and now, guys, if you have the next one back there, i don't know if you have it, you can see there what we show there is we're looking for only 80,000 jobs on friday. 95 in the private...
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Dec 3, 2012
12/12
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...
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Dec 8, 2012
12/12
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. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ish
. >>> president obama asking congress for billions in relief after superstorm sandy. but is it enough to coverage all the damage? we'll tell you how much he's asking for ahead. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table...
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Dec 4, 2012
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over the last month, despite hurricane sandy, it is still up 5%. but would going over the fiscal cliff hurt or derail the insurance giant as many expect it to derail business in general? joining me now is the chairman and ceo of allstate. thank you for joining us. president and congressional leaders are meeting with state governors today. you're one of the ceos who met at the white house with some of your other colleagues in business. what's your stance of where we are right now in terms of a deal? >> i'm concerned about it. the good news is everybody sees this as an opportunity to really show american global leadership. the rest of the world is all messed up on this. we can show them how to get it done. they've also all agreed on the three buckets, that being revenues, entitlements, and spending reductions. the bad news is they haven't agreed on how much into each bucket. and i don't think they're trying to create a win/win for each other. most good negotiations, you try to help the other person come out with a win. i don't see that here. >> you h
over the last month, despite hurricane sandy, it is still up 5%. but would going over the fiscal cliff hurt or derail the insurance giant as many expect it to derail business in general? joining me now is the chairman and ceo of allstate. thank you for joining us. president and congressional leaders are meeting with state governors today. you're one of the ceos who met at the white house with some of your other colleagues in business. what's your stance of where we are right now in terms of a...
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Dec 3, 2012
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even with freakish weather, sandy the latest, we are not talking much about climate change and sandy brought us flooding in new york city and a blizzard in west virginia. yet, many politicians believe the pattern of extreme weather is natural. arizona's republican governor jan brewer among them. >> everybody has an opinion on it. you know? and, you know, i probably don't believe it's manmade. i believe that, you know, whether in certain elements are controlled maybe by different things. >> it's no doubt a hot button after we found out after ask the govern nor. >> why in the hell did that question come from? >> well, the reporter asked brewer that because she was just about to go in to the western governor's association to talk about energy. bill nye the science guy is here to talk about climate change. hi, bill. >> greetings. >> greetings. >> carol. >> when you hear -- when you hear jan brewer, you say -- >> well, we as science educators have a lot of work to do. climate change is caused by people and there's new find where the ice sheets are melting faster than anybody expected. sea
even with freakish weather, sandy the latest, we are not talking much about climate change and sandy brought us flooding in new york city and a blizzard in west virginia. yet, many politicians believe the pattern of extreme weather is natural. arizona's republican governor jan brewer among them. >> everybody has an opinion on it. you know? and, you know, i probably don't believe it's manmade. i believe that, you know, whether in certain elements are controlled maybe by different things....
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Dec 7, 2012
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we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you have this people who say this report is very important. it's going to be driving the conversation on the fiscal cliff. we only have 25 days until the tax hikes and spending cuts start to take effect. here is the thing. this number came in much better than expected, don. so the bad part about this is that it may not motivate all those politicians on capitol hill as much as it may have, if it came in much weak er. this may not light the fire, so to speak. that could be the downside to the upside surprise to the number. don? >> alison, stick aro
we still need to see the full impact of sandy. also with the election over, there aren't any sort of bigger imt implications for the presidential race. because the numbers are so foggy, the federal reserve isn't likely to look at this number as a real trend maker. the central bank. it's already said it keeps stimulating the economy even after the labor market gets better. we know this isn't likely going to steer the central bank in one direction or another. you flip the coin over, though, you...
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Dec 10, 2012
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also matt mccormick, sandy lincoln, and john spolinsani. what do we do between now and the end of the year? >> we wait. you hope there will be a resolution with the fiscal cliff. also 2013 could be a difficult year. it's the first year of the presidential term which is usually a weak un. earnings growth looks a little bit weaker. we are very big on di dends. we believe this is a grinded out market. prepare for instability. >> so it's glass half empty for you right now. >> we'd like to be optimistic but tell clients buy with sound balance sheets. and if the market goes up better, we're in a better position. >> i have to press you on what you say about you like companies that pay better dividends? >> right now you're looking at the. senate bill will will tax for gross incomes of $250,000. that's not a deal killer. there was an article this week talking about how dividends -- people buy dividends for income and downside protection. those issues do not go away regardless of what happens with taxes. people need income. >> you told us last time y
also matt mccormick, sandy lincoln, and john spolinsani. what do we do between now and the end of the year? >> we wait. you hope there will be a resolution with the fiscal cliff. also 2013 could be a difficult year. it's the first year of the presidential term which is usually a weak un. earnings growth looks a little bit weaker. we are very big on di dends. we believe this is a grinded out market. prepare for instability. >> so it's glass half empty for you right now. >> we'd...
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sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we are on track to finish this year probably at about 14 1/2 million. that's going to fall shy of the 16 million in 2007 but above what we saw in 2008. it's certainly what we were expecting and we'll have even stronger numbers in december. >> it is a really good numbers from honda as well. phil lebeau, thank you for that. >>> twint che >>> i want to check back in with jackie deangelis. president taking questions via twitter. >> the first question was@paulmmckenzie. can you assure us that any fiscal cliff negotiations regarding entitlement reform will not hurt th
sandy. post-sandy storm. buying in the new york, new jersey area. in fact when you talk with dealers in that area they say they saw sales gained throughout the month and that's good news for luxury automakers. bmw just reported sales increasing 38.8% for the year. they've sold almost a quarter million bmws here in the united states and as a company, when you lump in mini , they believe they'll excel past the record of 2007. let's look at the monthly sales rate or annual sales rate. right now we...
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Dec 7, 2012
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>> well, keep in mind one of the reasons expectations were so low going into this one was hurricane sandy which everyone expected to be a temporary effect. that didn't material az somewhat mi mysteriously and the labor department indicated it had no impact on the number. you're right, this is not good enough. this is a treading water pace of jobs. it is more of the same. it's not particularly good in the quality of jobs being created so net net i think it's okay but certainly not what we'd like to see. >> maybe, tom, it is not that we are a nation of pessimists. it is that we're a nation of realists. maybe sort of from a strk turl long point of view we just have to get used to this. >> that's a great point. 150,000 is not good enough depending on your expectations for growth. if you're looking for 1.5% to 2% growth you are probably in the sweet spot. but if you are looking for something more, looking for 2.5% to 3% growth you need much more job growth to see that outcome. but we're not there. we don't think we'll get there. there's still too many headwind facing the small business segment
>> well, keep in mind one of the reasons expectations were so low going into this one was hurricane sandy which everyone expected to be a temporary effect. that didn't material az somewhat mi mysteriously and the labor department indicated it had no impact on the number. you're right, this is not good enough. this is a treading water pace of jobs. it is more of the same. it's not particularly good in the quality of jobs being created so net net i think it's okay but certainly not what...
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Dec 6, 2012
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estimation now trading in the low 50s, moves to the upper 50s, it's digesting the negativity surrounding sandy and its geographic location well. they've got the cash in hand to fund this. this is a solid company. >> dennis gould is sitting at 1700, not talking about a special dividend here but is it going to pay dividends to own gold? >> i think owning gold in dollars has been a bad trade for a while. i'm bullish for gold in non-u.s. dollar terms, in yen terms and if you own gold in yen terms over the course of the last two months you are profitable. somebody owns gold in dollar terms is down several points. gold is nothing more than another currency, crossed against other currencies and there's nothing spectacular about gold, it's just a currency. >> call it a slick slide for oil, crude falling 2% nearing its lowest level in three weeks. for more let's go to jackie deangelis, the host of "futures now." >> crude having a tough day, the question is why. look at this chart dollar strength is causing major pain for oil, our question today is there more to selling than just the dollar rally? let's
estimation now trading in the low 50s, moves to the upper 50s, it's digesting the negativity surrounding sandy and its geographic location well. they've got the cash in hand to fund this. this is a solid company. >> dennis gould is sitting at 1700, not talking about a special dividend here but is it going to pay dividends to own gold? >> i think owning gold in dollars has been a bad trade for a while. i'm bullish for gold in non-u.s. dollar terms, in yen terms and if you own gold in...
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says it will suffer a $1.3 billion loss in the wake of super storm sandy. president obama is asking $6gress for $60 billion in ederal aid for states hit hard by the storm. here's john bentley. nt reporter: more than a month after hurricane sandy slammed snto long island, workers are fill digging out from the damage. >> i'm here to coordinate the workers so they successfully clean up all the debris. >> reporter: angela bosco is the manager of this program in hauppauge, new york. out of work since march she got thatjob because of a government grant that only hires those who ire unemployed. d i never would imagine it riuld take a hurricane to bring me to a county position. it was like a blessing, actually. >> reporter: with tons of debris still left to clean up from hurricane sandy, the state themployment arrest almost 9%, this program hopes to solve two problems at once-- getting all of this cleaned up, getting people back to work. the super storm leveled businesses across new york. this program is aimed at the 50,000 new yorkers who lost heir jobs, according
says it will suffer a $1.3 billion loss in the wake of super storm sandy. president obama is asking $6gress for $60 billion in ederal aid for states hit hard by the storm. here's john bentley. nt reporter: more than a month after hurricane sandy slammed snto long island, workers are fill digging out from the damage. >> i'm here to coordinate the workers so they successfully clean up all the debris. >> reporter: angela bosco is the manager of this program in hauppauge, new york. out...
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Dec 4, 2012
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CNBC
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amazon is just a winner here particularly in sandy. i regard google as making a comeback. i think that when you look at what -- apple fears google. google is going to do better going forward. look at facebook by the way. they figured out things. i'm not going to be -- i'm looking at stocks that once we go over the cliff bounce back and if we don't go over the cliff are where a lot of money is going. >> where does ulta, are these tier 2 names? >> ulta is -- david and i joke about this. it's the growth stock -- key to this market. gilliad has been great. same with ulta. you may laugh at ulta. i won't finish my sentence. >> i may. >> this double the store thing is what whole foods says. any time you can double stores, growth guys just love it. >> we're told there's no concern if we go over the fiscal cliff that that will result in some sort of a chill in the housing recovery offer the housing market. this harvard study that bob toll cited, 1.8 to 2.8 million households fewer since 2007 were formed and that's playing catchup. we should have the formation of those households un
amazon is just a winner here particularly in sandy. i regard google as making a comeback. i think that when you look at what -- apple fears google. google is going to do better going forward. look at facebook by the way. they figured out things. i'm not going to be -- i'm looking at stocks that once we go over the cliff bounce back and if we don't go over the cliff are where a lot of money is going. >> where does ulta, are these tier 2 names? >> ulta is -- david and i joke about...
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commerce department says it's not mostly sandy. it's other stuff. we are expecting home building to have the first positive impact on construction this year since 2005 think about that that's very good news. sandy will have a impact next month. >> haven't been able to get in there much yet. >> that's right. >> gerri willis, good to see you. >> good to see. >> you there is a shortage of small town doctors, anybody in a small town knows that national health fewer than 10% practice in rural areas. even though a quarter of the u.s. population lives there but medical schools are trying to reverse the trend. alicia acuna with more on that from our rockie mountain newsroom. >> hi, shep. this is an idea in the works by the university of kansas medical school. they have opened up satellite campus small town educating future dock norris a place where they will see patients. these medical students in salina kansas are pioneers. >> it's a great feeling because we are doing something that nobody has done before. >> attending what may be the smallest school in th
commerce department says it's not mostly sandy. it's other stuff. we are expecting home building to have the first positive impact on construction this year since 2005 think about that that's very good news. sandy will have a impact next month. >> haven't been able to get in there much yet. >> that's right. >> gerri willis, good to see you. >> good to see. >> you there is a shortage of small town doctors, anybody in a small town knows that national health fewer...
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Dec 10, 2012
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FBC
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look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million dollars short of the revenue it expected to bring in, because when you raise taxes, some people leave. check the big board. same old same old same old. the dow is flat, up just 23 points in the early going this monday morning. here is our company: sandra smith is with us. the conservative commentator is with us. and nicole petallides is there on the floor of the new york stock exchange. here we go, new at 10:00, the latest climate change rant from former vice president al gore. he blames pollution for causing climate change, which h
look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million...
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Dec 8, 2012
12/12
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KPIX
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president obama asked congress ssday for more than $60 billion today p states rebuild after superstorm sandy. in new york city, a jury deliberated more than a week in the trial of a bus driver accused of being so tired, he caused a crash that killed 15 of his passengers. today came the verdict: not guilty. and michelle miller tells us the driver is a free man tonight. .> how do you find the >> hndant, guilty or not guilty? >> not guilty. t reporter: the bus driver wept veen he heard the verdict. ears ill williams could have faced 15 years in prison. hisas driving 32 people from a connecticut casino to new york's chinatown when his bus hit a guardrail, toppled, and was torn open by a signpost. williams claimed he'd been cut off by a tractor-trailer. investigators found no evidence of that. but they discovered williams averaged three hours of sleep in the days before the crash. they cited driver fatigue as the probable cause. florence wong's father don lee was killed in the crash. >> he had 15 lives that was under under his control and they're not here. he has to live with that with conscinsci
president obama asked congress ssday for more than $60 billion today p states rebuild after superstorm sandy. in new york city, a jury deliberated more than a week in the trial of a bus driver accused of being so tired, he caused a crash that killed 15 of his passengers. today came the verdict: not guilty. and michelle miller tells us the driver is a free man tonight. .> how do you find the >> hndant, guilty or not guilty? >> not guilty. t reporter: the bus driver wept veen he...
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superstorm sandy having an impact as well. customers in the northeast headed to dealerships with insurance checks in hand giving them so-called wealth effect. we have the foxnews.com automotive editor with sandy ace impact on car sales and overall industry check as well. great to see you. >> you too. lori: talk about sandy. we saw cars literally floating out to see. you automatically thought this would be a boon for the auto industry. what was your take? >> definitely helped. there were 200 to 250,000 cars destroyed. not quite that many were sold last month but played into the increase we saw to a certain extent. used car sales were not up as much. true car.com estimating 4%. lori: give the time of year i was reading that the storm and length of time on average people holding onto the cars is like 11 years is actually giving support to overall car prices. can you comment on that? >> yes. sales, transaction prices were up. so were incentives. so kind of balanced itself a little more. people are spending more on cars. shoving a
superstorm sandy having an impact as well. customers in the northeast headed to dealerships with insurance checks in hand giving them so-called wealth effect. we have the foxnews.com automotive editor with sandy ace impact on car sales and overall industry check as well. great to see you. >> you too. lori: talk about sandy. we saw cars literally floating out to see. you automatically thought this would be a boon for the auto industry. what was your take? >> definitely helped. there...
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sandy which hit 25% of the u.s. population, 25 states or something like would that cut job creation andket the unemployment rate a bit, kept it higher. turns out sandy did have an impact but not on the headline numbers. >> if you look deeper in the report you see over a million workers who normally work full-time were reduced to part-time hours during the reference week because of bad wetter. over 300,000 additional workers weren't able to work at all because of bad weather. >> but because the way the labor department counts full-time workers part time workers and whether people work at all, and when they work, it didn't show up in the headline numbers . one thing that did, 350,000 people left the workforce in november. that was one reason again why the unemployment rate dropped to 7.7%. ashley and tracy. ashley: sounded good to begin with then you take in those factors as peter outlined, maybe not so good. peter, thank you so much. tracy: there is lot more ugly in the report and we'll talk about it now actually bec
sandy which hit 25% of the u.s. population, 25 states or something like would that cut job creation andket the unemployment rate a bit, kept it higher. turns out sandy did have an impact but not on the headline numbers. >> if you look deeper in the report you see over a million workers who normally work full-time were reduced to part-time hours during the reference week because of bad wetter. over 300,000 additional workers weren't able to work at all because of bad weather. >> but...
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Dec 9, 2012
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a lot has to do with post sandy. the supply is back up and the hope is that consumers will take the money and spend it shopping. >> that is the hope. and jobs number, better than expected. unemployment now to 7.7%. and bianna, people watching tonight, where are the jobs? >> that is the question. we did digging and not a surprise. retail up, $53,000 up in, and professional, hospitality and restaurants. and will it continue? they are not so sure given what is going on in washington. >> bianna, thank you. >>> in the nfl today, they were mourning their tragic loss. the dallas cowboys bowing their heads in a moment of silence to remember their teammate jerry brown who died in a car accident. another teammate, josh brent, was driving. he is charged with driving drunk and manslaughter. today in court, he is unable to make bail. he issued a statement sayingly live with this horrific loss any day of my life >>> there is more ahead. a break through when it comes to make helping your memory. what it could mean in the fight agai
a lot has to do with post sandy. the supply is back up and the hope is that consumers will take the money and spend it shopping. >> that is the hope. and jobs number, better than expected. unemployment now to 7.7%. and bianna, people watching tonight, where are the jobs? >> that is the question. we did digging and not a surprise. retail up, $53,000 up in, and professional, hospitality and restaurants. and will it continue? they are not so sure given what is going on in washington....
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Dec 5, 2012
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. >> reporter: sea levels rising means even more after a storm like sandy. and we learned today that the white house is requesting $50 billion to cover the damage from that epic storm but the states involved say that isn't going to be enough. >> these bulletins just keep coming. >> reporter: right. and they keep finding these reports and records. they will. we started records in 1979 in sea ice melt. they will keep changing. and the man i talked to, he anticipates more. >> thank you so much, ginger. >>> now, we turn to the news that a lot of ordinary americans have been put on notice, as we approach that fiscal cliff, just 27 days away. people already having trouble finding a job are receiving a letter of warning about something to happen to them if congress can't make a deal. and abc's jonathan karl has that. >> reporter: melinda vega has been put on notice. if congress and the president don't get their act together, her unemployment checks will stop immediately at the end of the year. >> we're dependent on that money to pay our bills. >> reporter: she's be
. >> reporter: sea levels rising means even more after a storm like sandy. and we learned today that the white house is requesting $50 billion to cover the damage from that epic storm but the states involved say that isn't going to be enough. >> these bulletins just keep coming. >> reporter: right. and they keep finding these reports and records. they will. we started records in 1979 in sea ice melt. they will keep changing. and the man i talked to, he anticipates more....
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Dec 5, 2012
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WBAL
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now for our "making a difference" report, it is another night of struggle for all of the hurricane sandy victims, all over this part of the country. folks are still looking for homes and apartments to live in until they're back on their feet. they're getting help every day, they know what suffering is like because they have been there themselves. tonig tonight's stephanie gosk has more on first responders in new orleans, making a difference up north. >> reporter: starting the day after a hurricane is a physical and emotional job. firefighters from new orleans who lived through hurricane katrina six years ago remember it well. >> i know what the people up here are going through, they're like how am i going to get this? >> reporter: they also remembered that the new york fire department was on the door steps helping just days after the levees broke. this captain's house flooded up to the roof. >> that was the biggest thing. >> reporter: now the firefighters from new orleans want to repay the favor. >> any country, any state. it is a connection between the fire department. and new york is l
now for our "making a difference" report, it is another night of struggle for all of the hurricane sandy victims, all over this part of the country. folks are still looking for homes and apartments to live in until they're back on their feet. they're getting help every day, they know what suffering is like because they have been there themselves. tonig tonight's stephanie gosk has more on first responders in new orleans, making a difference up north. >> reporter: starting the...
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residentses in the northeast are still left with no place to call home in the wake of the superstorm sandy. mr. president, where is all that help you promised? [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden sym
residentses in the northeast are still left with no place to call home in the wake of the superstorm sandy. mr. president, where is all that help you promised? [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ engine...
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residentses in the northeast are still left with no place to call home in the wake of the superstorm sandy. mr. president, where is all that help you promised? you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actual like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you c
residentses in the northeast are still left with no place to call home in the wake of the superstorm sandy. mr. president, where is all that help you promised? you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and...
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Dec 8, 2012
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from hurricane sandy scenario. >> great. so, this is going to help a lot of affected individuals. so if you want information where you can go to do this, go to pay off layaways,.org and make the donations to help out folks needy. and rs schmidt the board meet for that southeast athletic club. thanks for your work, that's great. >> thanks for the opportunity. >> up next, sandy was no match for this house and how did it vanish? >> she said to me, are you sure your house is gone. >> i said, miss, you misplace your pen and pencil, you don't misplace a house. >> that guy is walking down the hall. he's here to share his story with us. why is it that the most impressive technology often comes with a set of equally impressive instructions ? shouldn't something that's truly advanced, not need much explanation at all ? with the nokia lumia 822 on verizon, there's not much to learn because it's powered by windows... to let you do more than you ever imagined on your smartphone. exclusively with data sense-- a feature that makes the most
from hurricane sandy scenario. >> great. so, this is going to help a lot of affected individuals. so if you want information where you can go to do this, go to pay off layaways,.org and make the donations to help out folks needy. and rs schmidt the board meet for that southeast athletic club. thanks for your work, that's great. >> thanks for the opportunity. >> up next, sandy was no match for this house and how did it vanish? >> she said to me, are you sure your house is...
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Dec 10, 2012
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some of that is sandy. you can't disentangle it. i'm sure it would have been better if it weren't for the uncertainty. we saw how bad it was in the summer of '11 and it will be the same now. >> i very much agree with ian on this point, that the uncertainty is associated with the fiscal cliff is at least a percentage point on the fourth quarter. and could be more than that. it's just a lurking weight on the business sector. and if we are going to get this growth, i think we've got to have a little bit more certainty on taxes, on regulation, and the trajectory of fiscal policy going forward. >> what i hear you both saying, though, and you're talking about spending issue, and not worrying so much about that, but i also hear you saying it would be a big mistake to raise taxes. >> absolutely. yeah. >> but the top 2%, is that the least deleterious people to raise it on? >> yeah, it would be. but right now i'd prefer not to raise taxes on anybody. but if you're going to do it, then the people at the lowest propensity to consume -- >> you d
some of that is sandy. you can't disentangle it. i'm sure it would have been better if it weren't for the uncertainty. we saw how bad it was in the summer of '11 and it will be the same now. >> i very much agree with ian on this point, that the uncertainty is associated with the fiscal cliff is at least a percentage point on the fourth quarter. and could be more than that. it's just a lurking weight on the business sector. and if we are going to get this growth, i think we've got to have...
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Dec 5, 2012
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CNNW
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in putting in new jersey because new jersey is the 40th anniversary of bruce springsteen and because sandy affected new jersey, too. they are bouncing back, too. and the sixth -- >> maybe you'll get a sighting of chris christie, and he will swear at you. >> that's an added bonus, getting sworn at. >> in jersey, it's a badge of honor. i worked in jersey for a long time. it's great to meet you. beautiful pictures too. for more on this list, check out cnn.com. it's awesome. >>> it's been a really big day in washington state tomorrow for some people because any adult there is going to be able to smoke marijuana legally. tomorrow. just a little bit, though. like an ounce, which to some people is not a little bit, but you don't need a reason. you don't need glaucoma or trouble sleeping. no medical reason at all. this might keep you awake. it is still illegal under federal law month matter whether you are in washington, colorado, which is in a month, or anywhere else. the state actually -- washington hasn't even checked yet with the feds to see how they're going to sort of deal with this lawinger
in putting in new jersey because new jersey is the 40th anniversary of bruce springsteen and because sandy affected new jersey, too. they are bouncing back, too. and the sixth -- >> maybe you'll get a sighting of chris christie, and he will swear at you. >> that's an added bonus, getting sworn at. >> in jersey, it's a badge of honor. i worked in jersey for a long time. it's great to meet you. beautiful pictures too. for more on this list, check out cnn.com. it's awesome....
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november jobs report comes out and it's expected to be messy between holiday hiring and the aftermalgt of sandy, some analysts say no matter what it shows no one should read much into it. with the holidays upon us how are businesses finding ways to keep jobs and their doors are open while others fail. tom forman went looking for answers in new york. >> amid the bustle of broadway, against the bad economy and the crushing competition at the strand the show goes on. it started more than 80 years ago. this independent bookstore has beaten the odds surviving the great depression, world war ii and fred bass, who was a baby when his dad started the strand says the store is enduring these tough times, too. >> we have good books and good prices. lately we've been selling a lot of new books at discount, but it's mostly used book or out of print books. >> the strand's eclectic approach allows it to appeal to a broad array of clients hunting the trivial and treasured on the shelves like this rare copy of uli. >> the strand success is about more than inventory. employees top to bottom must possess a deep k
november jobs report comes out and it's expected to be messy between holiday hiring and the aftermalgt of sandy, some analysts say no matter what it shows no one should read much into it. with the holidays upon us how are businesses finding ways to keep jobs and their doors are open while others fail. tom forman went looking for answers in new york. >> amid the bustle of broadway, against the bad economy and the crushing competition at the strand the show goes on. it started more than 80...
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. >> we might get a free pass, sandy pass no mat what they are. if they're disas truss it was sandy. if the economy is great --. ashley: so difficult to trade in this environment right now. >> it is so difficult to trade. people have to be very aware. that is the key word you use, trade. do you want to be a trader or do you want to be an investor? so many people tell me, charles, i don't want to be trader. they buy at 30, goes to 28.04, oh, my god i need to sell it, i'm losing my shirt!. what the heck. i thought you didn't want to be a trader? one of the reasons i'm getting a little bit bullish about the market in general. i'm a individual stock guy. i don't like to do the macro thing. i like the way the market acts. we've seen a shaking out of the weak sisters. we had the market pull back sharply. we saw the pullback in apple. weak holders of stocks, weak sisters have for the most part been shaken out. it would take disasterous news --. ashley: talking about disaster, what if we went over the cliff? >> if we did go over the cliff and saw the mark
. >> we might get a free pass, sandy pass no mat what they are. if they're disas truss it was sandy. if the economy is great --. ashley: so difficult to trade in this environment right now. >> it is so difficult to trade. people have to be very aware. that is the key word you use, trade. do you want to be a trader or do you want to be an investor? so many people tell me, charles, i don't want to be trader. they buy at 30, goes to 28.04, oh, my god i need to sell it, i'm losing my...
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sandy? >> ford recalling nearly 90,000 vehicles. did your car make the list? we've got the details coming up. >>> plus, the chances of falling off the fiscal cliff, it's not stopping one top money manager from buying. bob doll, he sells us where he's putting his money to work now. that's next. there is no mass-produced human. every humabeing is unique. and ther one store that recognizes it. the sleep number store. the only place in the world u'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you adjust to the support your body needs. each of your bodies. in theame of human individuality: the sleep number collelectn. discover h our sleep professionals can individualize your sleep experience. exclusively at one of our 400 sleep number stores nationwide. sleep number. comfort individualized. is holi
sandy? >> ford recalling nearly 90,000 vehicles. did your car make the list? we've got the details coming up. >>> plus, the chances of falling off the fiscal cliff, it's not stopping one top money manager from buying. bob doll, he sells us where he's putting his money to work now. that's next. there is no mass-produced human. every humabeing is unique. and ther one store that recognizes it. the sleep number store. the only place in the world u'll find the extraordinarily...
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Dec 6, 2012
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. >> hurricane sandy. >> obviously new jersey still needs help. and he's not helping his political career doing that. a general election, yes. but he does have to face conservative threats in the primaries, not the best way. >> a cynical view of this -- >> sorry. it's holiday season but it's true. >> that's why we have you here. you call it like it is, my friend. that's all for us. thank you. we have to go. but i'll see you back leer tomorrow at noon eastern, 9:00 a.m. pacific joined by ben white, joan walsh, ben smith and msnbc's very own chris heys. until then, follow us on twitter -- wow, having a hard time with the teleprompter. "andrea mitchell reports" next. chris cillizza is filling in for her. good afternoon, mr. cillizza. >> i don't know what those words mean but assume they're compliments. >> $5 compliments. >> i'll take them. >> coming up next on "andrea mitchell reports," jim demint is out. the tea party leader announces his departure from congress. what does it mean for the senate and the future of the republican party? chuck todd, go
. >> hurricane sandy. >> obviously new jersey still needs help. and he's not helping his political career doing that. a general election, yes. but he does have to face conservative threats in the primaries, not the best way. >> a cynical view of this -- >> sorry. it's holiday season but it's true. >> that's why we have you here. you call it like it is, my friend. that's all for us. thank you. we have to go. but i'll see you back leer tomorrow at noon eastern, 9:00...